How does it work?
The National Housing Strategy is the largest and most ambitious federal housing program in Canadian history. It addresses a wide range of challenges and covers the entire housing continuum, from shelters and transitional housing to affordable rentals and home ownership.
National Housing Strategy Targets
households removed from housing need
new housing units created
existing units repaired and renewed
households protected from losing an affordable home
households supported through the Canada Housing Benefit
reduction in chronic homelessness
The Strategy signals a meaningful re-engagement by the federal government in housing. This includes:
A National Housing Co-Investment Fund
The Strategy will invest in healthy families, livable communities and the creation of the next generation of housing in Canada.
The priority will be helping people who have the greatest need, like women and children fleeing family violence, seniors, Indigenous peoples, people with disabilities, those dealing with mental health and addiction issues, veterans and young adults. That’s why the Strategy will invest $15.9 billion in a new National Housing Co-Investment Fund.
This funding will:
- create up to 60,000 new affordable homes
- repair another 240,000 affordable and community homes
- create or repair at least 7,000 shelter spaces for survivors of family violence
- create at least 12,000 new affordable units for seniors
- create at least 2,400 new affordable units for people with developmental disabilities
- attract billions in additional investments from the provinces and territories, municipalities and non-profit and private-sector partners across the country
To maximize the impact of the National Housing Co-Investment Fund, up to $200 million in surplus federal lands and buildings will be made available to community and affordable housing providers at low or no cost, to encourage the construction of more affordable homes for those who need them the most.
Investments in Community Housing Resiliency
Community housing has been the backbone of Canada’s response to our most urgent housing challenges for more than 60 years. Close to half a million Canadians currently live in some form of community housing. But many of these buildings are aging and in desperate need of repair.
To help preserve and renew our social housing stock for future generations, the Strategy will invest $4.8 billion to create and maintain a resilient community housing sector.
This investment will include:
- $4.3 billion for a new Canada Community Housing Initiative (to be cost-matched by the provinces and territories) to preserve the existing supply of community-based housing, build a more modern and sustainable community housing system, and keep housing affordable for 330,000 households
- $500 million for a new Federal Community Housing Initiative to protect low-income tenants as old operating agreements expire, and continue to offer homes and hope to vulnerable Canadians
In addition, a new Community-Based Tenant Initiative will be created to provide funding to local grassroots organizations that assist people in need. These funds will make sure that people living in community housing will be better able to take part in the decisions that affect their lives, and have their voices heard.
Enhanced Federal–Provincial/Territorial Partnerships
To foster a new level of collaboration between Canada’s governments, the Federal government will invest $20.5 billion to help the provinces and territories build more affordable housing, reduce homelessness and create better outcomes for all Canadians. Provinces and territories will be required to cost-match roughly half of this total investment.
- $8.4 billion delivered through existing federal-provincial/territorial agreements
- $4.4 billion in federal investments in provincial and territorial housing programs in 2016 and 2017, including new investments from Budget 2016
- $4.3 billion for a new Canada Community Housing Initiative to preserve and expand community housing ($8.6 billion expected cost-matching)
- $2 billion for a new Canada Housing Benefit ($4 billion expected cost-matching)
- $1.1 billion to help the provinces and territories meet local housing needs and priorities ($2.2 billion expected cost-matching)
- $300 million to address the housing needs of families living in the North
A Plan to Make Homelessness History
The impact of homelessness on the health and well-being of Canadians — and on the Canadian economy — is staggering. Every year, some 135,000 Canadians rely on shelters.
Developed and delivered alongside persons with lived experience of homelessness, the Strategy will make a historic investment of $2.2 billion to reduce chronic homelessness in Canada by 50% within the next 10 years. It will give local communities the power to deliver housing measures and preventive strategies that meet their most pressing needs.
Plus, we will create a Veterans Emergency Fund to provide immediate financial help to any veteran who is in crisis. And we will work with our partners across the country to ensure veteran homelessness becomes rare and doesn’t reoccur, so that all those who served our country have a safe place to call home.